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FOX News
Nov 9, 2012 7:00pm PST
'am. >> greta: straight ahead, president obama versus the speaker of the house, john boehner, digging in their heels on avoiding the fiscal cliff. time is running out. the latest is next. another bush family member is getting ready to run for political office. which one is it? start guessing. that's coming up. ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> well, it didn't take long, talk of compromise, post postelection, turning into stalemate. john boehner and barack obama not budging as we rapidly approach the fiscal cliff. >> 2013 should be the year we begin to solve our debt through tax reform and entitlement reform. i a
FOX News
Nov 9, 2012 10:00pm PST
and speaker john boehner drawing different lines in the sand. will they break the stalemate? and if they don't -- that's coming up. >> greta: late today, david petraeus abruptly resigning after admitting to an extra-marital affair with his biographer. that's bad. but it gets worse. the resignation just days before general petraeus was set to testify at congressional hearings. coincidence? >> good evening, how are you? >> greta: i'm very well. congress pan, the affair, i mean, for the most part, i am trying to separate this out. it is a matter for general petraeus and his wife. but there is -- there is some parts of it that do have an implication. one is whether or not it's a security breach and that it should have been picked up and turned over to the house intel commits and whether or not that could be used as blackmail against him. your thought, sir? >> well, even someone as lowly as an assistant u.s. attorney has to undergo a background check with very invasive questions and you are expected to tell the truth and you are asked under penalty of perjury. so you can increase that expoinentia
FOX News
Nov 9, 2012 5:00pm PST
overdue. >> is speaker of the house john boehner caving to president obama's second term agenda? just three days after the election? and did he insult the tea party? >> we don't have a tea party caucus to speak of in the house. >> a leader of that movement will be here to respond. >> i have invited leaders of both parties to the white house next week so we can start to build consensus around the challenges that we can only solve together. >> the fiscal cliff showdown heating up will democrats and republicans find common ground? we'll have a special report. >> nobody is surprised, right, that people are already starting to talk about the next republic ticket. marco rubleio, i think, has planned a trip to iowa. >> laura: it's already starting. rising g.o.p. star marco rubio's trip to iowa fueling 2016 speculation. mike huck huckabee with analysis. caution, you are about to enter the no spin zone and the factor begins right now. _ hi, everyone, i'm laura ingraham in for bill o'reilly. thanks for watching us tonight. we'll have the talking points memo in the next segment. but, first, our
Nov 9, 2012 5:30pm PST
house next week to build consensus. >> reporter: earlier in the day, speaker john boehner also sounded a kumbaya theme. >> i am proposing a fiscal cliff together to be averted >> reporter: that gets its name, because at the end of the year if congress does nothing, bush taxes expire, the payroll tax cut expires, emergency unemployment benefits end and $984 billion in automatic cuts and defense and domestic budgets are triggered. they estimate that would cause the economy to take a significant hit, raising unemployment to 9.1% by the end of next year. but the real political sticking point is taxes. the president called on congress to make tax cuts for people making less than $200,000, and making less than $250,000, and drew a line in the sand. >> i refuse to accept any approach that is not balanced. and on tuesday night, we found out the majority of americans agree with my approach. >> reporter: the president was referring to the tuesday exit poll which indicated nearly 60% of voters would support higher taxes on the wealthy.çó and while john boehner hinted at some taxes going up, he
FOX News
Nov 9, 2012 3:00pm PST
and house speaker john boehner are advocating compromise, yet sticking to their guns on taxes. again, chief white house correspondent ed henry. >> even as president obama suggested the campaign is over by inviting congressional leaders to white house for fiscal cliff negotiations next week -- >> it is time to get back to work. >> he left the impression the campaign continues as the white house invited 200 supporters to the east room. for what republicans dismissed as a rally. >> we can't just cut our way to prosperity. if we're serious about reducing the deficit, we have to combine spending cuts with revenue. that means asking the wealthiest americans to pay a little more in taxes. >> the president's first public comment since election night came less than two hours after house speaker john boehner said yet again today he is ready to deal. >> this is an opportunity for the president to lead. this is his moment. the president claimed one for his plan. the spending cut mixed with tax increases. >> i want to point out this was a central question in the election. on tuesday night, we found out
Nov 13, 2012 12:00am PST
. john boehner doesn't have the leverage he used to have. on a conference call he told house republicans they had to avoid the nasty showdowns that mark so much of the last two years. senate republican leader mitch mcconnell was the number one obstructionist in the president's first term. now he tells "the wall street journal" he'll do whatever it takes to get a deal. i'd be willing to pay the ransom if e we thought we were going to get the hostage out. but the hostage is what? entitlement spending. mcconnell's intention, he's willing to agree to a dollar of new taxes for every dollar in cuts. what a difference an election makes. >> i'm going to ask a question on the stage. they seau had a real spending cuts deal, 10 to 1. spending cuts to tax increases. spooker, you're already shaking your head. but who on this stage would walk away from that deal? would you raise your hand about not raising taxes. >> remember in 2011 republicans would not take a 10 to 1 tax cut deal? now today mitch mcconnell is willing to do a 1 to 1 deal. republicans lost all of their leverage in this election. they
Nov 14, 2012 9:00am PST
closing loopholes. that is a reputation of what john boehner suggested in the days since the president has been re-elected. >> that's totally right. a key point, the simpson-bowles tax idea is kind of a magic pony, right. everyone agrees in the ab instruct, we can bring down the rates, close loopholes and deductions and raise revenue. if that's such a wonderful idea how come it's only come up now. how come no one has done it. the reason is because it's really, really hard politically. once you get into the specifics. if you're trying to tie all the revenue to this abstract tax reform idea you're going to get into a position where the revenue is about never going to happen because once you get into reality it doesn't materialize. >> you have to do both, john. you have to do -- you have to raise the the rates and close loopholes to get the amount -- >> just raise the rates. >> you can't raise the rates high enough to produce $1.6 trillion. >> you can get $900 billion from expiring the bush tax cuts. >> and where do you get the other $700 billion from from. >> do a little reform and cut the r
Nov 11, 2012 9:00am EST
congress acts. president obama and house speaker john boehner picked up where they left off in dualing public appearances where both sounded consillatory, but didn't seem to budge much. must add to the president's to do list one more thing. he needs a cia director after general david petraeus resigned admitting to an extramarital affair. joining me now is robert menendez, later chairman of the house homeland security committee. good morning, senator. it's good to see you. let me start out with the petraeus matter. do you believe that this is -- leaves a big hole in military or intelligence operations or can they carry on smoothly? >> well, mike morrell, the second in charge, i think, is an excellent individual, has the president's confidence and can carry on in the interim. i don't feel general petraeus was a tremendous asset at the cia. it's unfortunate. i respect his decision under the circumstances. in the interim i believe the agency continued to function under mr. morrell. >> what kind of holes will this leave? >> i have questions about the whole matter. first of all -- excuse me
Nov 11, 2012 9:00am PST
. i think you heard john boehner say that. we've had votes in the senate where we've gotten rid of tax credits. i think that's a given. >> we need the republicans to do in 2012 what we did in 2010. we hear the mandate continue to cut spending, but they have to hear the than date real revenues not like dynamic scoring. >> and here's what happens if no agreement is reached before january 1st.bush tax rates expire. emergency unemployment benefits will end. the 2011 payroll tax holiday expires. and $984 billion in cuts will be triggered. joining me now, andy sullivan and sher a tupletts. what do you expect to come out of the meeting friday and will any real progress made? >> oh, no, but i think the optics will be important. there will beside by side getting their picture taken and i think this will reassure voters and most importantly investors that they are serious about the problem and they want t to get something done before the end of the year. they've pretty much gotten a free ride from the markets. everybody knew this was coming up, but interest rates have remained low and the stock
Nov 12, 2012 3:00pm PST
to raising taxes on the rich? >> there's no question about it. john boehner was sounding, you know, like there might be some way to compromise on that issue. and i love bill crystal, what he had to say about it. who is somewhat of a leader of the more conservative branch of the republican party. so i'm optimistic. but we don't need all the republicans to go along. we need enough rational republicans and then the democrats can provide the rest of of the votes in we get a fair compromise. but anything less than fair that protects the middle class, the president has said he's not going to sign it. >> cynthia, the "new york times" reported on a conference call john boehner the speaker had and it's very interesting what tone he set and a gop senator. let me give you the quote p the quote from the "times" is that their party lost badly, mr. boehner said, they had to avoid the nasty showdowns that marked much of the last two years. members on the call subdued and dark, murmured words of support. that's interesting. and then you had senator bob corker, a key member of the banking committee, went
Nov 12, 2012 6:00pm EST
to sign it. >> cynthia, the "new york times" reported on a conference call john boehner the speaker had and it's very interesting what tone he set and a gop senator. let me give you the quote p the quote from the "times" is that their party lost badly, mr. boehner said, they had to avoid the nasty showdowns that marked much of the last two years. members on the call subdued and dark, murmured words of support. that's interesting. and then you had senator bob corker, a key member of the banking committee, went on fox news and said the wealthy should contribute more. listen to this. >> we know there has to be revenues and i think -- look, i haven't met a wealthy republican or democrat in tennessee that's in the willing to contribute more as long as they know we solved the problem. >> i mean, we know there has to be more revenues. i haven't met a wealthy republican or democrat that's not willing to contribute more. it's amazing what an election can do to some people. >> indeed it does sound as though reality is beginning to intrude because all we've heard up to now is absolute no we won't
FOX News
Nov 10, 2012 10:00am PST
cuts on those who make under $250,000 and it's on speaker john boehner at this point to simply pass the senate bill and if nothing is done it's on speaker john boehner not on the president, whether or not the tax cuts expire on january 1. >> but at the end of the day, it will be the american people that are hurt. yes, there is a bill in the senate, and yes, boehner could pass it, but he says that he does not want to raise taxes and the congressional budget office says, kelly, if we do what the republicans want us to do it will increase economic growth by 1.5%. if we do what president obama wants us to do and what she just mentioned, it would raise economic growth by 1.25%, so it's more than just tax cuts, it's more than just tax increases, we have to actually reform entitlement programs. there's a lot that needs to be done before january 1st. >> kelly: what say you about this? is angela right, 1.5%, i understand it could be as high as 1.7% if they find agreement. >> number one thing we need to focus on, while the country elected the same congress and everyone is taking their old pos
Nov 14, 2012 6:00pm EST
age to 67 and cap benefit hikes under social security. obama and house speaker john boehner are due to begin negotiations friday on averting the so-called fiscal cliff of expiring tax cuts and automatic spending reductions set to take effect at the end of the year. speaking in washington, treasury secretary timothy geithner stressed the urgency of reaching a deal. >> i know the cliff is unattractive. it would cause a lot of damage to the american economy. a careful about those who argue and urge for "let's just extend while we negotiate." it will leave a different source of uncertainty on the table, like what would give the people the incentive to come back and do something tough. >> millions of workers in europe have joined a general strike today protesting the wave of spending cuts and tax hikes that has swept the continent in the name of austerity. spanish and portuguese workers are coordinating their strike with work stoppages also planned in greece, italy, france and belgium. we will have more on the strike after headlines. closing arguments have ended in a pretrial hearing to
Nov 9, 2012 5:00pm EST
collins, news 4. >>> today president obama and republican house speaker john boehner both laid out ideas to avert the so-called fiscal cliff next year. and it seems clear the two leaders and a bipartisan deal are still worlds apart. keith russell is in our newsroom with more on this high-stakes battle. keith? >> wendy, president obama's first remarks since being re-elected that he and congress have no choice. reach an agreement before the end of the year or taxes will go up for everyone, which could mean another recession. that's a deadline that's looming and the so-called fiscal cliff. in a speech at the white house today, the president said he's open toioids, as long as the wealthiest realize they have to do their part. >> i am not going to ask students and seniors and middle class families to pay down the entire deficit while people like me making over $250,000 aren't asked to pay a dime more in taxes. i'm not going to do that. >> reporter: just about two h r hours before president obama spoke, speaker of the house john boehner had his own news conference saying raising the highest r
Nov 9, 2012 2:00pm PST
measures have to originate in the house. john boehner talked about the looming fiscal cliff and like the president he also hinted at room for compromise. you have to listen carefully to see the compromise that could be coming. >> it's clear that there are a lot of special interest loopholes in the tax code, both corporate and personal. it's also clear that there are all kinds of deductions, some of which make cents. others don't. everything, everything on the revenue side and on the spending side has to be looked at. >> senator chuck schumer in new york this morning on msnbc suggested that the right wing might be more willing to accept compromise now. he's being hopeful. let's watch. >> boehner wants to compromise. that's why he gave that speech. you know, boehner is not a hard right guy. he's a incompetent mainstream conservative and i think it's going to work because the hard right a chastened in a lot of ways. >> here is a republican who may not be quite in on what happens happening after the election, jeff duncan. when i look at the results of the election congressman duncan says
Nov 9, 2012 1:00pm PST
a potential financial crisis, can house speaker john boehner and the president find an onslaught of spending cuts and tax hikes? stay with us. [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male announcer ] it doesn't have an antihistamine. really? [ male announcer ] really. alka-seltzer plus cold and cough fights your worst cold symptoms, plus has a fast acting antihistamine to relieve your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, cle
Nov 12, 2012 10:00am PST
is there to do? the signals from john boehner, the speaker of the house, are that he's got some more leverage with his republican caucus than he had back in the day, and that there is talk of coming up with more revenue. maybe not calling it a tax increase, not a rate increase, but finding some way to raise some more money. >> right. you know, andrea, i hate to sound an optimistic note when it comes to politics, but i do think the signals coming out of john boehner's sort of world, and out of president obama's statement last week is that there can be some common ground here, that president obama, i think, clearly has some leverage due to what happened in the, in his own race, as well as at the senate level. so i think he has that. and then john boehner, i think a little bit more questionable in how much more leverage he has within his own caucus, but we shall see. if both of them can sort of say, look, let's do this, this is important to the country, let's move on, we can disagree about lots of other things, but we're going to compromise and move forward. whether that compromise is not raisin
Nov 12, 2012 8:00pm PST
with john boehner on the golf course. it was very favorable for the republicans. the president agreed to more than a trillion dollars in cuts, benefit reductions of social security, raising the medicare eligibility age and actually lowering tax rates on the wealthiest americans. now in the end, republicans, what do they do? they rejected the deal. they wanted more and the way to get it was to beat the president of the united states in november. the president fought back almost a year ago. he announced the message of the reelection campaign. the same place where teddy roosevelt gave birth to progressivism. >> we have to ask ourselves, do we want to make the investments we need in things like education and research and high-tech manufacturing, all those things that help make us an economic super power, or do we want to keep in place the tax breaks for the the wealthiest americans in our country? because we can't afford to do both. that's not politics. that's just math. >> this message was no secret. the president campaigned on raising the the top tax rate throughout the past year. >> bu
Nov 13, 2012 6:00am PST
house? is it john boehner? >> i think the president is the only with one that can sign the agreement. john boehner needs to have an agreement that the house of representatives will pass, and i think whatever the two of them agree on will pass the senate. but expect it will be john boehner working along with the president. i'm sure mitch mcconnell will be very closely involved in the discussions with leader boehner. >> you don't believe a deal should come out of the senate and then be introduced in the house? >> well, i think the elections are over. we need to find solutions to help our country move forward in a positive direction and as the chairman of the joint chiefs of staffs says the biggest threat to our national security is actually our debt. we need to get this spending under control and get people back to work. >> i want to talk about this issue of taxes and tax rates and get you to respond to something from not exactly someone who is known as a liberal thinker here. take a listen. >> it won't kill the country if we raise tax as little bit on millionaires. it really won't, i
FOX News
Nov 10, 2012 9:00am PST
alone. and election results are barely dry and john boehner and president obama buting heads. key disagreements are whether taxes should be raised on wealthy americans. neither seem willing to compromise on that. >> and a pair of college basketball was cancelled because the floor was not in ship shop. florida left georgia in half time. there was so much condeization on the floor the game was cancelled. >> and over the next few weeks, top republicans are taking a closer look at what went wrong in the election cycle and how to fix it they are talking to donors and house majority leader john boehner said there is no tea party to speak of anymore. does the republican party need to change the image joining us now is shawn and amy. welcome to the woth of - both of you. i know it is it a disappointing week that you are reacting tompt there is it a lot of soul senching going on saying that the republican party need toz get a grip and take a look at where it missed the mark in the past election, shawn, a lot of the folks are upset that the republican party did not factor in the real vibe w
FOX News
Nov 12, 2012 8:00am PST
to tackle the impending fiscal cliff but the president and the speaker of the house john boehner each drawing lines that they say they will not cross. the major hurdles, that threat to send the economy into a tailspin, that's coming up next. >>> plus a nascar race turning into a full-scale brawl. look at this. mayhem breaking out of the everybody going at it. we'll tell you what set it off. after this. ve lately. but because of business people like you, things are beginning to get rolling. and regions is here to help. making it easier with the expertise and service to keep those wheels turning. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. jenna: well come back, everyone. now let's return to the economy. the president and house speaker john boehner are suggesting they are willing to compromise to prevent our economy from going over that so-called fiscal cliff but both sides are digging in their heels whether or not to race tax rates for the wealthy. rich edson of the fox business network watching
FOX News
Nov 10, 2012 12:00pm EST
leader john boehner said there is no tea party to speak of anymore. does the republican party need to change the image joining us now is shawn and amy. welcome to the woth of - both of you. i know it is it a disappointing week that you are reacting tompt there is it a lot of soul senching going on saying that the republican party need toz get a grip and take a look at where it missed the mark in the past election, shawn, a lot of the folks are upset that the republican party did not factor in the real vibe with the youth vote, women and hispanics. >> look we lost but we did a lot of things well. our ground game was strong and did better in the battle ground states than in 2008 and president obama did worse than in 2008. fund raising was off of the chart. >> we got breaking news to alert to. the associate press is now reporting that thitate of florida was an obama win. florida topping rom no. 332 to 206. that's the way it stands. this had to take place over a period of days and so we know shawn florida goes in the obama colume. >> another nail in the coffin. part of the what we need
Nov 9, 2012 7:00pm EST
on the wealthy. and while john boehner hinted ar some taxes going up, he also listed some conditions. >> and it is not like there is a money in social security or medicare, this has to be dealt with, so everything, everything on the revenue side and on the s spending side has to be looked at. >> reporter: now brian, the sid white house says that social security shouldn't be a part of these negotiations. but i can tell you, republicans won't participate if social security is not. >> all right, chuck todd in the white house, thank you. >>> there is a video of president obama getting wide circulation. it shows him tearfully addressing campaign staff at io headquarters in chicago, at the end of a long and grueling campaign. he tells the young staffers they are better than he was at their age. he tells them their experience s will send them on their way for life. >> what you guys have done, the work that i'm doing, i am really proud of i am really proud of all of you. and -- and what you have just done? well, not allowing much time for sentiment or reflection, the president woke
Nov 12, 2012 3:00am PST
to be revenues as well. second, he's rejecting the john boehner approach which is boehner saying i'll agree to revenues as long as they come as a result of economic growth. in other words, we won't legislate changes in taxes. we'll hope that revenues go up. he's saying no, that won't work for me. you're not going to legislate spending cuts. this is the president talking. not legislate revenue changes as well. >> bill: all right. so there are -- the most immediate decision maybe facing the congress is that as you point out, all of the bush tax cuts expire. which means not only the taxes -- tax cuts for the wealthy expire, the tax cuts for those making under $250,000 a year expire as well. so the president said friday all right, the senate has already passed a bill which would give extended tax cutless for the 98%, those making under $250,000. but let the ones for the wealthier people and defined as over $250,000 expire. and he challenged the house of representatives to pass that. what do you think -- so this is a real -- to
Nov 10, 2012 9:00am PST
republican john boehner, the republican speaker of the house, says absolutely not. taxes will not rise. it cannot pass the congress. it cannot pass the house. probably can't pass the senate in his estimation. he's digging in his heels. he says we can raise revenues, taxes on the wealthy by closing loopholes. that's the appreciate thoach tho take. there's a lot at stake here if we go over that fiscal cliff. it sounds so ominous because it is. a half a trillion dollars in extra taxes for american families over the course of just one year alone. add to that the cuts in defense and domestic spending $1 trillion over ten years and the cbo estimates the unemployment rate will shoot up to 9.1%. we could go back into another recession. some democrats are encouraging the president to stick to his guns. john yarmouth is one of those. >> if you look behind what they're saying, they're not willing to compromise in any way that touches wealthy americans. i'm not at all set on $250,000. i think that is a number that really is probably the wrong number. when i've had conversations with the white hous
Search Results 0 to 49 of about 298 (some duplicates have been removed)